About this home

Rare income-producing opportunity in the sought-after Lakes by the Bay GEE community in Cutler Bay. This two-story 4-bedroom, 3 full bath townhouse is currently generating consistent government-backed rental income with a Housing Choice Voucher (Section 8) tenant in place for 3+ years, zero collection issues, lease through December 2026, tenant seeking renewal. The layout is a standout for rental investors: one full bedroom and full bath on the ground floor, ideal for multigenerational flexibility and maximum voucher eligibility. Upstairs, three additional bedrooms with high-grade laminate flooring. The main level features brand new ceramic tile, updated stainless steel appliances, granite countertops, a family room, and generous storage throughout. One-car finished garage plus driveway parking. Hurricane shutters, private yard, and a well-maintained exterior. The community delivers long-term tenant retention drivers: resort-style pool, clubhouse, fitness stations, playground, and a scenic walking path around the lake. Minutes to US-1, Florida's Turnpike, Black Point Marina, top-rated schools, dining, and shopping. HAP contract transfers to new owner at closing.

How This Listing Compares in Cutler Bay

Per square foot, it is asking 21% below the Cutler Bay median for sales closed over the last twelve months.

Medians from closed MLS sales in Cutler Bay; a starting point, not an appraisal.

Home Features at this home

Bathrooms Full

3

Bathrooms Half

0

Interior Features

First Floor Entry

Appliances

Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer

Flooring

Tile

Heating

Central, Electric

Cooling

Central Air

Garage Spaces

1

Parking Features

1 Space

Pool Private

No

Year Built Details

Resale

The Building at this home

Building Name

Lakes By The Bay

Building Area Total

1982

Building Area Units

Square Feet

Stories Total

2

Entry Level

1

Association

Yes

Association Fee

$115

Association Fee Frequency

Monthly

Association Amenities

Clubhouse-Clubroom, Pool

Security Features

Security Patrol

Lot, Views & Construction at this home

Lot Size Square Feet

0

Waterfront

No

View

Garden View

Construction Materials

Concrete Block Construction

Exterior Features

None, Courtyard

New Construction

No

Taxes & Public Record for this home

Parcel Number

36-60-16-016-1210

Tax Annual Amount

$8,871

Tax Year

2,025

Tax Legal Description

LAKES BY THE BAY GEE PB 164-043 T-22075 LOT 11 BLK 15 LOT SIZE 1937 SQ FT FAU 36 6016 000 0020 COC 24792-0451 07 2006 1

County Or Parish

Miami-Dade County

Map & Neighborhood